$pippin š Current situation
Price: 0.4956
High: 0.532
Low: 0.421
The chart is in a range (0.47 ā 0.53)
Recent rejection from above (0.50ā0.51 zone)
š¢ Buyer or š“ Seller?
At the moment, sellers seem to be a bit active in the short term because:
Repeated rejection near 0.51
Currently, the candle is showing downward pressure
š What to do?
š“ Short is better:
If there is a strong break below 0.49
Target: 0.48 ā 0.47
SL: Above 0.505
š¢ Long is better:
If there is a close above 0.505ā0.51
Target: 0.52 ā 0.53
SL: Below 0.49 (better Short)